At 3/30/2012 1:22:39 PM, lewis20 wrote:Is it biased or does one side just make more sense?

The introduction and the interaction between Keynes and various other people in the video show a bias towards him.

And yes, one side does make sense; Hayek's side.

If you watch the round 2 video its clear that if there is any bias it is towards Keynes.At the end Hayek knocks him down, but because he barely gets up people declare Keynes the winner (illustrating that though hayek wins logically, the mainstream still prefer keynes)

So was Bush. Austrian economics is classic liberal economics. Bush and Oreilly are Traditional Conservatives. If they were liberal conservatives they may be for the Austrian school. Social Liberals are also for Keynesian economics.

"Chemical weapons are no different than any other types of weapons."~Lordknukle

My personal favorite, the guy currently running our economy, back in 2005 when specifically asked about a bust in the housing bubble, responded that he "doesn't buy the premise" that is he didn't think a housing crisis was possible...

"If you are a racist I will attack you with the north"- Abraham Lincoln